David Pearl: Discusses the Return of Price Discovery on Bloomberg Surveillance
David Pearl describes how the market has favored companies with growth over profitability, how index funds have abetted their rise, and where he sees value in the market today. The momentum of these stocks will eventually subside. With continued transition from QE to QT, he describes an environment that Epoch characterizes as “the return of price discovery.” Listen in, as David argues that banks have not been getting the credit they deserve for their continued profitability and returning capital to shareholders. Watch Video » Listen to Podcast »
Co-CIO David Pearl joins BNN Bloomberg’s Money Talk to weigh in on the expected rate hikes coming from the U.S. Federal Reserve, what an all-out trade war could mean for the U.S. and Chinese economies and the impact of capex and potential share buybacks on the tech sector.